Defined Benefit (Pension) · DOL Form 5500 · 2023

Nexus Cooperative Pension Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
74
Participants Small participant base
83rd
Percentile by assets National rank
$527,246
Avg per participant High balance/head
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Official DOL plan name: The Restated Noncontributory Retirement Plan for Cooperatives · Sponsored by Nexus Cooperative · Iowa · Agriculture, Forestry & Fishing

$39M in assets, 74 participants

Nexus Cooperative's The Restated Noncontributory Retirement Plan for Cooperatives reported $39M in total assets and 74 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,149 in Agriculture, Forestry & Fishing (1,288 peers)

Where The Restated Noncontributory Retirement Plan for Cooperatives sits by assets

The Restated Noncontributory Retirement Plan for Cooperatives sits in the top quartile of all filed plans by assets, $39M for 74 participants (~$527,246/participant), up 68.5% in 2023.

#1,149
in Agriculture, Forestry & Fishing (1,288 peers)
+68.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Restated Noncontributory Retirement Plan for Cooperatives's outsized position by total assets

The Restated Noncontributory Retirement Plan for Cooperatives vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$39,016,225 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Restated Noncontributory Retirement Plan for Cooperatives among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Restated Noncontributory Retirement Plan for Cooperatives is a small filing (74 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Restated Noncontributory Retirement Plan for Cooperatives reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives end-of-year assets rose from $23M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives reported participants fell from 107 in the plan year 2022 filing to 74 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 420243960 · Nexus Cooperative PY 2023 · Defined Benefit (Pension)

The Restated Noncontributory Retirement Plan for Cooperatives · $39M · 74 · 83rd

  • PART $39M
  • PART 74
  • PART 83rd
  • PART Defined Benefit (Pension)
  • PART near Roofers Local 221 Pension Trust Fund
  • PART ind #1149

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Agriculture, Forestry & Fishing retirement plans → · Plans in Iowa →

The Restated Noncontributory Retirement Plan for Cooperatives in the asset neighbourhood

The Retirement Plan of Saco & Biddeford Savings InstitutionThe Retirement Plan of Saco …$39MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$39MRoofers Local 221 Pension Trust FundRoofers Local 221 Pension Tr…$39MPension Plan for Employees of Jersey Shore Steel Company, Inc.Pension Plan for Employees o…$39MFreeport-Mcmoran Pension Plan$39M
End-of-year total assets ($M) among The Restated Noncontributory Retirement Plan for Cooperatives and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$39M
Net Income$1M
Employer EIN420243960
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexus Cooperative)

Sponsor-wide plan assets over time

All Nexus Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$71M 92.20802333599588% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $37M $71.1M ▲ +92.2%
Year Plans Participants Total Assets
2022 2 240 $37M
2023 2 203 $54M
2024 2 368 $71M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants The Restated Noncontributory Retirement Plan for Cooperatives, Total assets ($B): 0.039016225 · Participants: 74The Restated Noncontributory Retirement Plan for CooperativesTransamerica Pension Plan, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare The Restated Noncontributory Retirement Plan for Cooperatives side-by-side with 3 peers →

The Restated Noncontributory Retirement Plan for Cooperatives's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Roofers Local 221 Pension Trust Fund in HI ($39M); by covered participants it is Keystone Folding Box Company Retirement Plan in NJ (74 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (74 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Restated Noncontributory Retirement Plan for Cooperatives assets move in 2023? ▼
The Restated Noncontributory Retirement Plan for Cooperatives surged - up 68.5% during 2023, from $23M to $39M. Reported net income was $1M.
How have Nexus Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexus Cooperative's sponsor-wide assets grew 92.2%, from $37M to $71M.
Where does The Restated Noncontributory Retirement Plan for Cooperatives rank by assets among Form 5500 filers? ▼
The Restated Noncontributory Retirement Plan for Cooperatives ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Restated Noncontributory Retirement Plan for Cooperatives? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Roofers Local 221 Pension Trust Fund in HI ($39M, 351 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Restated Noncontributory Retirement Plan for Cooperatives? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Keystone Folding Box Company Retirement Plan in NJ (74 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420243960.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.